Eco World Development surpasses FY21 sales target as 9M net profit up 59.19%
KUALA LUMPUR (Sept 17): Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2021 (3QFY21) dipped marginally by 1.
UK: Panels ‘commonly used on buildings’ failed fire tests carried out in 2004
KUALA LUMPUR (Sept 17): Panels “commonly used on buildings in the UK” failed fire tests carried out back in 2004, the BBC reported yesterday.
Gadang lands RM100m sub-contract under Central Spine Road project
KUALA LUMPUR (Sept 17): Gadang Holdings Bhd has secured a RM100.
Hotel Royal Penang to cease operations soon
KUALA LUMPUR (Sept 16): Hotel Royal Penang (pictured) will permanently cease operations “soon”, the New Straits Times (NST) reported yesterday.
Melaka govt hauled to court over reversed land approval for religious rites
MELAKA (Sept 17): The Indian Endowment Organisation has filed a judicial review application against the state authorities for rejecting a previously state-approved plot for Hindus to perform their final rites, reported Free Malaysia Today (FMT) today.
Property market showing signs of recovery in 1H2021
The Malaysian property market has recorded a significant increase in the first half of this year (1H2021) as compared to 1H2020, according to the latest report by the National Property Information Centre (Napic).
Has the market bottomed out, finally?
It has been two weeks since the property sale gallery reopened on Sept 1.
Blumont Group disposes vacant land in Malaysia for RM20m
SINGAPORE (Sept 16): Blumont Group, one of the three counters in the middle of the penny stock saga in 2013, has disposed of a piece of vacant land it owns in Malaysia for RM20 million (S$6.
Builder Nestcon partners Hatten Land for solar PV venture
KUALA LUMPUR (Sept 15): Construction services provider Nestcon Bhd is partnering with Singapore-listed property developer Hatten Land Ltd to jointly explore and pursue business opportunities in the solar photovoltaic (PV) sector in Malaysia.
Analysts surprised by waiver of interest payments but view impact on banks as manageable
KUALA LUMPUR (Sept 15): The move by the Ministry of Finance (MOF) instructing banking institutions to work on the exemption of interest payments for recipients of the targeted payment assistance has generally taken analysts by surprise.
